204 pages [122 self-teaching + 82 self-quizzes with detailed answers]
Section 1: Depreciation for book v. tax purposes. Two ways to compute depreciation. Recording depreciation if the financial statements must undergo a compilation or review.
Section 2: Depreciation under GAAP (for book purposes). Determining the cost of an individual asset v. group of assets v. contributed assets under generally accepted accounting principles (GAAP). Determining the asset’s estimated life, residual value and book value. Journal entries for a manufacturing v. nonmanufacturing company. How depreciation appears on the financial statements.
Section 3: The straight-line method. How to compute, allocate and book straight-line depreciation. How to set up and maintain the depreciation schedule using this method.
Section 4: The units of production method. How to compute, allocate and book units of production depreciation. How to set up and maintain the depreciation schedule using this method.
Section 5: The declining balance method. How to compute, allocate and book declining balance depreciation. How to set up and maintain the depreciation schedule using this method.
Section 6: The sum-of-the-years’-digits method. How to compute, allocate and book sum-of-the-years’-digits depreciation. How to set up and maintain the depreciation schedule using this method.
Section 7: Depreciation for tax purposes. How to depreciate equipment and buildings under MACRS. How to apply the half-year convention . . . mid-quarter convention . . . mid-month convention. How to use IRS tables. Applying the Section 179 deduction. How to set up and maintain the tax depreciation schedule.
Section 8: Depreciating vehicles for tax purposes. Annual IRS limits for cars. How IRS limits apply to unmodified SUVs, pickups and vans weighing up to 6,000 lbs. Sec. 179 and depreciation if these vehicles are modified or weigh over 6,000 lbs. How to handle employee personal use of company vehicles in a sole proprietorship, S corp, C corp or partnership. How to set up and maintain the tax depreciation schedule.
Publisher: AIPB
ANN –
Good
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ALEJANDRO –
excellent material
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MD –
Very useful and easy to understand.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LUCINDA –
The examples put the text into examples that make it understandable and applicable.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
RICHARD –
Book and instructor covered material well.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MOHAMMAD –
Each type of depreciation is explained with examples which help better understanding and absorption of the material. End of chapter quizes runs you through the chapter quickly. A very good thing is the solution and explainations after the quizes.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JOSY –
This book is easy to understand & have a lot of practice make it really fun to learn it.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LINDSEY –
Enough information with out overload.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JOANNE –
It was a good course.  
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LAUREN –
Easy to understand
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JANNET –
Is a complete manual
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
BADEWA –
It increased my knowledge about depreciation.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
BASURAM –
It is useful
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
PATRICK –
I found the course material very fascinating.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
TIMOTHY –
Great
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MIYUKI –
Gained practical knowledge on book and tax depreciation.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MAGDY –
A wonderful course that will put you on top of the subject. very practical and easy to follow.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
SHAUN –
I like the quizzes, and the examples are well written.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JULIE –
Really good review course for the test. If you complete the book and it’s practice tests, then you should have no problem taking and passing the exam.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
TAMARA –
Complete and concise! Easy to follow!
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
RASHMIBEN –
Very thorough and to the point book. I gained very good knowledge and understanding of this skills. It is really helping me for my current study.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal